Detailed Single Year Tables

Description of Proposed Provision:
Starting in 2016, convert all disabled-worker beneficiaries to retired-worker status upon attainment of their earliest eligibility age (EEA) rather than their normal retirement age (NRA). After conversion, apply the early retirement reduction for retirement at EEA (currently 25 percent for those age 62 in 2016) phased in over 40 years.

&nbsp

Financial Estimates for the OASDI Trust Fund Program

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

&nbsp

Expressed as a percentage of present-law taxable payroll

Trust fund ratio as of January 1

Expressed as a percentage ofpresent-law taxable payroll

Calendaryear

Costrate

Incomerate

Annualbalance

Costrate

Incomerate

Annualbalance

2013

13.95

12.69

-1.26

330

0.00

0.00

0.00

2014

14.04

12.83

-1.20

315

0.00

0.00

0.00

2015

13.97

12.86

-1.10

301

0.00

0.00

0.00

2016

13.90

12.88

-1.02

286

-0.01

0.00

0.01

2017

13.86

12.91

-0.95

272

-0.02

0.00

0.03

2018

13.87

12.94

-0.93

259

-0.05

0.01

0.05

2019

13.99

12.96

-1.03

246

-0.07

0.01

0.08

2020

14.17

12.98

-1.19

234

-0.09

0.01

0.10

2021

14.34

13.00

-1.33

221

-0.11

0.01

0.12

2022

14.58

13.03

-1.55

208

-0.12

0.01

0.13

2023

14.83

13.05

-1.78

195

-0.14

0.01

0.15

2024

15.07

13.07

-2.01

180

-0.16

0.01

0.17

2025

15.30

13.08

-2.22

166

-0.17

0.01

0.18

2026

15.52

13.09

-2.43

151

-0.19

0.01

0.20

2027

15.72

13.11

-2.62

135

-0.20

0.01

0.21

2028

15.92

13.12

-2.80

119

-0.22

0.01

0.22

2029

16.10

13.13

-2.97

103

-0.23

0.01

0.23

2030

16.25

13.14

-3.12

85

-0.24

0.01

0.24

2031

16.38

13.15

-3.24

67

-0.25

0.00

0.26

2032

16.49

13.15

-3.33

48

-0.27

0.00

0.27

2033

16.58

13.16

-3.42

29

-0.28

0.00

0.28

2034

16.64

13.16

-3.48

9

-0.29

0.00

0.30

2035

16.68

13.17

-3.51

----

-0.30

0.00

0.31

2036

16.70

13.17

-3.53

----

-0.31

0.00

0.32

2037

16.70

13.17

-3.53

----

-0.32

0.00

0.32

2038

16.68

13.17

-3.51

----

-0.33

0.00

0.33

2039

16.65

13.17

-3.48

----

-0.34

0.00

0.34

2040

16.61

13.17

-3.44

----

-0.36

0.00

0.35

2041

16.56

13.17

-3.39

----

-0.37

0.00

0.37

2042

16.51

13.17

-3.34

----

-0.39

0.00

0.38

2043

16.46

13.16

-3.30

----

-0.40

0.00

0.40

2044

16.42

13.16

-3.26

----

-0.42

-0.01

0.41

2045

16.39

13.16

-3.23

----

-0.43

-0.01

0.43

2046

16.37

13.16

-3.20

----

-0.45

-0.01

0.44

2047

16.34

13.16

-3.18

----

-0.47

-0.01

0.46

2048

16.31

13.16

-3.15

----

-0.48

-0.01

0.47

2049

16.29

13.16

-3.12

----

-0.50

-0.01

0.49

2050

16.27

13.16

-3.11

----

-0.52

-0.01

0.51

2051

16.26

13.16

-3.10

----

-0.53

-0.01

0.52

2052

16.26

13.16

-3.09

----

-0.55

-0.01

0.54

2053

16.26

13.16

-3.10

----

-0.57

-0.01

0.56

2054

16.27

13.16

-3.11

----

-0.59

-0.01

0.58

2055

16.30

13.17

-3.13

----

-0.61

-0.01

0.60

2056

16.32

13.17

-3.16

----

-0.63

-0.01

0.62

2057

16.36

13.17

-3.19

----

-0.65

-0.02

0.63

2058

16.39

13.17

-3.22

----

-0.66

-0.02

0.64

2059

16.42

13.17

-3.25

----

-0.67

-0.02

0.66

2060

16.45

13.18

-3.28

----

-0.69

-0.02

0.67

2061

16.48

13.18

-3.31

----

-0.70

-0.02

0.68

2062

16.51

13.18

-3.33

----

-0.71

-0.02

0.69

2063

16.54

13.18

-3.36

----

-0.73

-0.02

0.71

2064

16.58

13.18

-3.39

----

-0.74

-0.02

0.72

2065

16.61

13.19

-3.42

----

-0.75

-0.02

0.73

2066

16.65

13.19

-3.46

----

-0.76

-0.02

0.74

2067

16.68

13.19

-3.49

----

-0.77

-0.02

0.75

2068

16.72

13.19

-3.52

----

-0.78

-0.02

0.76

2069

16.75

13.20

-3.56

----

-0.79

-0.02

0.76

2070

16.79

13.20

-3.59

----

-0.80

-0.02

0.77

2071

16.82

13.20

-3.62

----

-0.80

-0.02

0.78

2072

16.85

13.20

-3.64

----

-0.81

-0.02

0.79

2073

16.87

13.20

-3.67

----

-0.81

-0.02

0.79

2074

16.89

13.20

-3.68

----

-0.82

-0.03

0.79

2075

16.90

13.20

-3.70

----

-0.82

-0.03

0.79

2076

16.91

13.21

-3.70

----

-0.82

-0.03

0.80

2077

16.91

13.21

-3.71

----

-0.83

-0.03

0.80

2078

16.91

13.21

-3.71

----

-0.83

-0.03

0.80

2079

16.91

13.21

-3.71

----

-0.84

-0.03

0.81

2080

16.92

13.21

-3.71

----

-0.84

-0.03

0.82

2081

16.93

13.21

-3.72

----

-0.85

-0.03

0.82

2082

16.95

13.21

-3.74

----

-0.86

-0.03

0.83

2083

16.97

13.21

-3.76

----

-0.86

-0.03

0.84

2084

17.00

13.21

-3.79

----

-0.87

-0.03

0.84

2085

17.04

13.21

-3.83

----

-0.87

-0.03

0.85

2086

17.08

13.22

-3.87

----

-0.88

-0.03

0.85

2087

17.13

13.22

-3.91

----

-0.89

-0.03

0.86

2088

17.18

13.22

-3.95

----

-0.89

-0.03

0.86

&nbsp

Summarized Estimates

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

Years

Costrate

Incomerate

Actuarialbalance

Year of reserve depletion1

Costrate

Incomerate

Actuarialbalance

Based on Intermediate Assumptions of the 2013 Trustees Report.

2013-2087

16.16%

13.87%

-2.28%

2034

-0.44%

-0.01%

0.43%

&nbsp

1 Under present law, the year of Trust
Fund reserve depletion is 2033.